Bank of America Corp. announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.01 per share, payable March 28, to shareholders of record as of March 7.
The board also declared a regular quarterly cash dividend of $1.75 per share on the 7 percent Cumulative Redeemable Preferred Stock, Series B. The dividend is payable April 25, to shareholders of record as of April 11.
Bank of America is a financial institution, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
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